Simta Machinery Assistant Manager - R&D Salaries by Employees

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₹5 Lakhs - ₹6.3 Lakhs

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Last Updated: 13 Aug 2024

Companies similar to Simta Machinery for Assistant Manager - R&D

Company name	Avg Annual Salary	Open Jobs
Wittur Elevator Components Assistant Manager - R&D Salary 11 - 15 years exp. (4 salaries)	₹12 L/yr - ₹13.2 L/yr 122% more
Case New-Holland Construction Equipment India Assistant Manager - R&D Salary 8 - 11 years exp. (3 salaries)	₹9 L/yr - ₹12 L/yr 77% more
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Maruti Suzuki Assistant Manager - R&D Salary 1 - 4 years exp. (29 salaries)	₹7.5 L/yr - ₹14.4 L/yr 105% more
Medha Servo Drives Assistant Manager - R&D Salary 8 - 12 years exp. (29 salaries)	₹12 L/yr - ₹29 L/yr 283% more
Uflex Assistant Manager - R&D Salary 2 - 12 years exp. (23 salaries)	₹5.5 L/yr - ₹10.9 L/yr 46% more

Assistant Manager - R&D salary at Simta Machinery ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with 23 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Simta Machinery.

Similar Designation salaries in Simta Machinery

Senior Product Design Engineer Salary

(4 salaries)

₹5.1 L/yr - ₹7 L/yr

Design Engineer Salary

(3 salaries)

₹5 L/yr - ₹5.5 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

R&D Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Mechanical Design Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

R&D Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Simta Machinery Assistant Manager - R&D Salary FAQs

How the salary growth look like for a Assistant Manager - R&D at Simta Machinery in India?

The salary growth for a Assistant Manager - R&D at Simta Machinery depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D can expect the following growth trajectory at Simta Machinery:

Experience	Average Salary Range
15 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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Simta Machinery Assistant Manager - R&D Salaries

Simta Machinery Assistant Manager - R&D salary in India ranges between ₹5 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of Simta Machinery.